Value Added Tax (VAT) for charities is a complex area that requires specialist knowledge. Constant changes to classification of different sources of income for VAT purposes and how they affect charities’ VAT position, means that advice from experts is essential in order to comply with legal requirements and mitigate your liabilities.
We are able to help you register for VAT, understand the requirements of HM Revenue & Customs, assist with enquiries and if required, calculate and submit the VAT returns on your behalf.
A number of VAT exemptions (e.g. donated goods, rent, and refurbishments) and reliefs (e.g. heating and lighting) are available to Charities and Not-for-Profit organisations. Our experience and knowledge combined with an understanding of your current and future requirements will ensure that we are able to help you make significant savings and reduce your liabilities.